NOT LISTED FOR SALE

554 Ocean Trail Corolla, NC 27927

Estimated Value: $485,645 - $656,000

4 Beds
3 Baths
1,607 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $348,000 $217 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,179/month

12 Days on Market

Highlights

  • Community Beach Access
  • Beach Box Architecture
  • Granite Countertops
  • Golf Course View
  • Furnished
  • Screened Porch

About This Home

As of October 2019

This is a DREAM vacation home in a small package. An adorable 1600 sq ft house with many upgrades on a huge home-site separated from neighbors. Three bedrooms and two full baths upstairs and a separate studio apartment on the ground floor. Current owners have continuously added quality improvements to this home for the past nine years. Inside, there is a large open living space that leads to a wide screened-in porch. The attached kitchen has brand-new stainless steel appliances and a granite-topped center island. The home is beautifully decorated and furnished with plenty of cabinet and storage areas. The bathrooms all have showers and have been upgraded. On the exterior, a new roof and gutters have been recently installed, new wood decking and stairs in 2016. There is a large under-house fenced–in area that would be a perfect space for a dog run. A concrete driveway and parking apron were installed in 2017. A new septic system was installed this year with an expansion allowance provided by the sellers allowing the buyer a four-bedroom permitted capacity. The deep backyard has plenty of room to put in a swimming pool or to add-on to the house. The grassy yard is fully irrigated with a well-water source so there is no cost for city water to keep the landscape lush and green. This property offers several possibilities for use. Use it as a primary residence OR keep it to yourself as a second-home AND/OR rent out the downstairs living area with its separate entry to a full time tenant or short-term Air-BNB guests. Homes at this price, with these features are rare to find. See it now and you will want to make it yours.

Last Agent to Sell the Property

Scott Wheeler

Celebration Realty License #274905 Listed on: 09/08/2019

Co-Listed By

Mandy Robinson

Outer Banks Realty Group License #300017

Last Buyer's Agent

Mandy Robinson

Outer Banks Realty Group License #300017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1975

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100 x 280
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Pond
  • Golf Course

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Siding
  • Piling Construction

Interior Spaces

  • 1,607 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 133

Community Details

Overview

  • Association fees include common electric, common insurance, management
  • Signature Touch Prop. Mgmt. Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,740

Year Built

Built in 1975

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Highway 12 North to Ocean Sands Section B. House is on the westside of Highway 12.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Screened Porch
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section B
  • Heated Sq Ft: 1607
  • L V T Date: 09/08/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: B
  • Zoning: RES
  • Deed Book Pg Number: 258
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C31179
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Washer Connection
  • Optional Rooms: In-Law Apartment, Utility Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Sheet Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course, Pond

Garage/Parking

  • Parking: Paved, Unpaved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 100
  • Hoa Contact: Signature Touch Prop. Mgmt.
  • HOA Contact: (252) 441-8857

Lot Info

  • Estimated Lot Sq Ft: 28100
  • Lot Description: Golf Course Frontage, Level
  • Lot Faces: E
  • Lot Size: 100 x 280
  • Lot Number: Lot 133
  • Estimated Lot Size: 0.65
  • Deed Book: 1139

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2018
  • Taxes: 1739.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2019
Closed on
Oct 15, 2019
Sold by
Boyd Mary C and Hare William F
Bought by
Williams Nadya R
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Mandy Robinson
Outer Banks Realty Group
List Price
$349,000
Sold Price
$348,000
Premium/Discount to List
-$1,000
-0.29%
Current Estimated Value
$566,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,661
Avg. Annual Appreciation
8.24%
Original Mortgage
$341,696
Outstanding Balance
$296,750
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$269,911

Purchase Details

Closed on
Oct 21, 2010
Sold by
Holmqvist Lennart and Holmqvist Mona L
Bought by
Boyd Mary C and Hare William F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Nadya R $348,000 None Available
Boyd Mary C $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Nadya R $341,696
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $348,000 -0.3% $217 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/08/2019 09/08/19 For Sale $349,000 -- $217 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,427 $276,600 $110,000 $166,600
2024 $2,427 $276,600 $110,000 $166,600
2023 $2,411 $276,600 $110,000 $166,600
2022 $1,853 $276,600 $110,000 $166,600
2021 $1,838 $276,200 $150,000 $126,200
2020 $1,740 $276,200 $150,000 $126,200
2019 $1,740 $276,200 $150,000 $126,200
2018 $1,740 $276,200 $150,000 $126,200
2017 $1,582 $276,200 $150,000 $126,200
2016 $1,582 $276,200 $150,000 $126,200
2015 $1,582 $276,200 $150,000 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106450

Outer Banks Association of REALTORS®

APN: 126A-000-0133-000B